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20130116
20130116
Search Results 0 to 16 of about 17 (some duplicates have been removed)
young guides in this natural environment, it's really given me a fresh energy. >> reporter: for these young tour guides showing visitors around the island they call home is also a great opportunity to grow up. >>> every year at this time scientists race to the antarctic. they use the small window of summer to study the frozen continent. more and more they're documenting changes they believe are linked to global warming. australian researchers have a strong presence at the south pole. they're essentially in their back yard. nhk world's takeo nakajima shows us what they're working on. >> reporter: it's summer in antarctica, and it's a busy time for animals, from penguins to scientists. experts at australia's four observation bases are hard at work, documenting climate change. th are ao seeing its effects firsthand. planes use ice runways to bring in researchers and goods. but those runways haven't been as reliable in recent years. when temperatures rise above minus 5 degrees celsius the surface begins to melt. that makes landing and taking off risky. 80% of flights planned in
the strategic environment had changed a lot in the six years since he was last in office. he called china's increased maritime activities a shared concern. he said all nations involved must abide by international law. prime minister says he understands japan's stance and gives his country's backing. vietnam and some of his neighbors have territorial disputes with china over islands in the south china sea. after the meeting, the two leaders held a joint news conference them said they will work together on various challenges facing southeast asia. >> translator: we have agreed the two countries will jointly tackle issues that concern east asia. we'll also cooperate in the fields of political peace and stability. >> prime minister zhun said they agreed that all conflicts and issues shall be resolved through peace and international law. >>> operate however japan's two main airlines have ground their fleets of 787 dream liners. the decision follows the latest incident with boeing's troubled plane. all nippon airway 787 made an emergency landing on wednesday in wrern western japan. alarms indi
environment and certainly the lack of big deals even though dell had an announcement a few days ago that organic growth - actually making money instead of kind of manufacturing money, so to speak - may be difficult here, given the fact that certainly goldman sachs is near a 52-week high and j.p. morgan not too far away. and the fact that they are employing a lot of leverage to hit their numbers gives me, as a trader, a lot of pause for concern here. > so what would be your trade here, or would you just stay away from the big banks for awhile? > > you know, i think we touched on it last week, given the run-up that we've had, i'm certainly fearful, and i'm buying some out-of-the-money puts on the option side here. from an investment standpoint i would absolutely wait for a pullback on any of these names given the run-up they've had here. goldman maybe about a $125 level, so looking for about a 10% pullback across the board. citigroup even a little bit more. j.p. morgan maybe a little bit less. they had some headwinds from the "whale tale" so to speak. > good to have you on the show. t
their parents, their family and others and threatening them. and especially when you are in an environment of uncertainty, people say, well, international community might be leave, the security might deteriorate, so it's easier for these people to be intimidated and switch sides. also impersonation and using uniforms. i see a lot of people here that have been in kabul, and i've met them there. you can easily buy an afghan army uniform or police uniform on the market. you can even buy isaf uniforms if you're looking for it hard in kabul. so that's a part, but also copycat, mentally ill and unstable individuals like in here, sometimes you see what is an increase in the crime because people when they see something, they copy that. they think this is something cool or something acceptable. but, of course, rage and revenge, sometimes these soldiers are personally mistreated. but the last factor, of course s what they call jihad; thinking, of course, this is the right way of action. so so it's a complex phenomena, and i'm not going to go about how to deal with it. if needed, we can talk about it
is the political environment -- sorry. it can be hard to ignore, but were going to do it. another piece of the political environment, where we had the ability to fix the situation. we know to fix this. we needed a comprehensive dead deal that's big enough to stabilize the debt and we'll remember that. when you're trying to balance the budget. were not very. were not going to be there soon. you have to make sure that that's not faster than the economy and it's on a downward path and the problem is so big or too calm% year to look at every part of the budget. you have to look at defense spending. you have to clearly focused on health care costs, which go faster than the economy. we have to fix our social security system, which makes promises bigger than what we can pay out on the road. we have to raise revenues. we started down the path, but we haven't looked had to do about overhauling tax system, which would you want to raise revenue, you could do in could do in the way bad for the economy hallway discussion helps increase competitiveness and modernizes our tax system. so we know what t
. >> and i think in an environment where you have hundreds of millions of chinese on twitter, that increasingly are learning their government officials are worth billions of dollars. >> rose: basically you are saying their fear is legitimate. >> i think their fear is legitimate, i don't think the country is going to fall apart. >> rose: butery rong protesmoveme that has legs could provide a challenge over -- >> that's right. and they are so unwilling to risk that, they are so unwilling to tolerate even a little that they are likely to do two things, first, it will truly slow them on economic reform that is necessary and on any political reform to make a very conservative and cautious and they need to speed up and respond to these people and makes it much more likely the chinese will engage in nationalism, because if you are going to get mad at something in china you are going to have this information you can't stop the chinese from -- >> ros raise the natnalism ag. yes and thais really -- >> rose: write is the reason in places in europe you have a certain national link, natio
for political instability perhaps has increased, amplified by the deteriorating economic environment that chavez will also bequeath to his successor. so what happens next? are there some scenarios that are more likely than others? what are the implications for vens venezuela and also the international community, and what is the chavez legacy for the region? we've assembled a top flight panel, each of the panelists having deep experience in and knowledge of venezuela. our first panel cyst is russell dallen -- panelist is russell dallen. was is a journalist through and through having worked for a firm of leading publications around the world, a keen observer of the issues. he's also an effective commentator, and his views are widely sought by the press and the markets. any of you of who have followed venezuela recently have probably seen his name pop up in some of the press articles. russ is a harry suspect truman scholar which is something i like to point out whenever i can. second is charles shapiro, formerly the u.s. ambassador to venezuela. charles recently which canned a very successful tenur
at dollar stores, you hurt these stocks. the low-ends retail environment is more competitive. they have to become more promotional, code word for more discounts. in order to hold their own, they vo have to put real pressure on margins. the higher payroll taxes on consumers, it's very hard to make the case that dollar stores can be owned here. it's true companies have big long-term growth stories, and they have to expand store base around the country. that's not a reason to buy them as long as existing stores have so much trouble. at this point, dollar stores may be too cheap to go much lower, dollar tree sells 14 times earnings, and when their historical multipliers are higher, however, there is no catalyst that can get that multiple to expand. no catalyst to drive this stock higher, and that makes buying them frankly a big no-no. you said to me, jim, give me something in the space. you want something in the space? i say go with cramer fave five below. five for you home gamers. i've been a big fan of this company since it became public in july, and -- philadelphia based and if you got i
, tighter inventory levels number two, and a stable price environment. although the overall economy in the backdrop remains sluggish, we think housing is a bright spot. ashley: one of the critical issues we talk about is the availability of mortgages. do you think we will see a turnaround? we will not go to the mortgage for everyone policy of the olden days, but will we go back to what is considered somewhat normal standard, because they're pretty strict right now. >> that is a great question. it is uncertainty on the political front at washington, d.c., and the status of mortgage reform which is definitely an impediment toward the recovery. but our overall view is that it is so important to get housing back on track and heal the economy that it won't do a thing from a political standpoint to prevent greater accessibility of credit. we are not going back to the good old days, that is something that will not happen. ashley: learned the lesson the hard way. for the home building sector, which stocks do you find particularly attractive right now? >> our best in class are looking for a
and economic story is saying this is not the kind of financial environment that leads to rapid growth. >> interesting. >> okay. >> you tied it in to dell and jpmorgan and everything else. excellent. larry, thank you. >> my pleasure. >> join us tomorrow. "squawk on the street" begins right now. >>> good wednesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, and jim cramer and david faber at the new york stock exchange. stocks had a pretty nice day yesterday. the s&p closed at five-year highs. we are looking to the down decide this morning. the dow looking to lose about 62 at the open. the picture in europe, a couple of downgrades for gdp forecasts from both the german government and world bank. italy is down by 1.5%. road map this morning starts off with the banks and earnings. jpmorgan higher. goldman sachs at 18-month highs. >> japan airlines grounding their entire dreamliner fleet. >>> dell shares falling this morning after david faber reports that a deal could be announced within two weeks, but at a price of 13.50 or 14 a share, he's got the de
something very different. the individual if you would have taught that in a classroom environment adjust a discussion on -- [inaudible] that's very important dynamic there. >> game changer, shell gas, more regulation, barrier, culture. i want to talk about the here mowns. [laughter] mcken city is about the cutting age looking at not only global manufacturing trends but trends you're describing advanced industry. and innovation. how do you see it? >> i think very much is said at the beginning of the context claus. there's a shift doing on. i think we should start by saying too many of us lump manufacturing in to one big category. i think there are at least five categories. i won't bore with them. i think the tip is the advanced manufacturing which is more using big data. it's advanced material. it's nano technology. it's the combination of many of the things the innovation capabilities that this country is good at the cross functional capability. as you said, it's -- it's roughly around 11 to 12% of gdp. it's extremely important fly wheel. it accounts, football we think, a third of the u.
the question people ask is, can we see anything from the fourth quarter that will tell us what the environment in 2013 is like. i guess my answer to that would still be no. fiscal cliff issues, europe, the election, tropical storms, et cetera, and there's still no real clarity on what the business models, investment banking are going to look like as we head toward three. it's going to be much better numbers than a year ago. numbers are going to be slightly down versus the third quarter. and -- to my mind, there's still really nothing we'll be able to take away from the numbers in terms of -- >> which is frustrating because we're at a time when we are trying to re-evaluate what the model is going to be, what earnings will look like going forward. in your view, what is -- what is the investment case for these investment banks today? >> well, the investment case for an investment bank is that when they work very well, they are extremely capital -- if i advise a company and get a fee for ecm or m&a deal, it requires no capital, and i get a lot of money. that's very attractive. the second thing is
in this environment while it gives you experience and time to get them right? >> good to see you, professor. i think that question goes specifically to the larger question of the problem of principles-based rules. we are present prescriptive in our rulemaking. when we try, if you look at the proposal on general solicitation, when things are more principles-based, what we get back from lawyers, you know, trade groups, please give us a safe harbor with three easy steps and a check lists to ensure ourselves against liability both from the s.e.c. and civilly. there are oftentimes a press to get that sort of prescriptive rulemaking. quite frankly, i'm skeptical it would work because i don't know if folks would take the ball and run with it. the s.e.c., we, the commission, need to get on it and get the rules proposed and finalized. the fact that it's not done is a travesty. the deadline was in july of last year for final rules. and we only got our proposal out at the end of august. i hope and expect that there's a pathway forward. it will depend on which way chairman walter wants to go. >> could you comme
the japanese planes will be flying again. it is an extremely confusing environment if you have one set of airlines saying they are grounding and another set of airlines saying they are still flying them. >> how disruptive is this for travelers? >> by and large, almost nonexistent. the airlines will swap in some -- jal and ana have canceled some flights, swapped in other aircraft, absolutely minimal. not at the moment an issue of disruption. >> richard quest, thank you. >>> so three months all alone at sea. coming up, we catch up with one of the most determined competitors we have ever met racing around the world all by himself. in a sailboat. ♪ using cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters. allowing them to see through anything. because the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. ya. alright, another one just like that. right in the old bucket. good toss! see that's much better! that was good. you had your shoulder pointed, you kept your eyes on your target. let's do it
Search Results 0 to 16 of about 17 (some duplicates have been removed)